Earnings Report: NVent Electric PLC Meets Market Expectations

Key Highlights:

* Q4 2023 Earnings: $10.7 million ($0.06 diluted EPS)
* Adjusted Earnings: $0.59 per share, in line with analyst estimates
* Revenue: $752.2 million, slightly below estimates
* Full-Year 2023 Results:
* Net income: $331.8 million ($1.97 diluted EPS)
* Revenue: $3.01 billion

Outlook:

* NVent estimates full-year 2024 earnings within a range of $2.98 to $3.08 per share.